178 Park Street, Strathroy-Caradoc, ON

$540,000
MLS#:X9050493
3 beds
2 baths
5.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of SW. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $540,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Premium 50.13 x 140.36 ft lot size
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 178 Park st, a 3 plus 1 Bedroom , 2 Bathroom raised ranch. This home is close to local amenities, schools, parks and more, making it an excellent choice for families and investors alike. As you enter in through the new front door you instantly notice a spacious entry area that leads you up to the main level or a few steps down into the lower living area. Both upper and lower levels offer full kitchens and full baths, a dinning area and very spacious living rooms. The main level also features 3 bedrooms while the lower level offers 1. This home has plenty of room for a growing family or possible rental income. The attached single car garage and interlocking brick driveway has enough parking for 4 cars. The fenced in back yard with its multiple fruit trees and wonderful grape vines and vegetable gardens are sure to please any green thumb enthusiast. Be sure to take a look at this lovely property and make this house your home!

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 21, 2024
Sold price information is available to members only
Listed Date7/23/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionAluminum Siding, Brick
BasementFinished
Lot Size50.13 × 140.36 Feet
CountyMiddlesex
Annual Tax$2,979.97
Legal DescriptionPCL 43-1, SEC 34M21, LT 43, PL 34M21: STRATHROY

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Water Heater

Security Features

Community Features

Location

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178 Park Street, Strathroy-Caradoc, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 178 Park Street, Strathroy-Caradoc, ON N7G 3V9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Strathroy-Caradoc.

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Interest Rate5.25%
Down Payment$29,000 (5.4%)
* Minimum Canadian down payment required for this price is $29,000.
Amortization Period25 Years
Estimated Monthly Payment$3,045Based on a loan of $511,000 over 25 years.
Purchase Price$540,000
Loan Amount$511,000
Provincial Land Transfer Tax:$7,275
Total Estimated Closing Taxes:$7,275

About Purchasing a Home in Strathroy-Caradoc, ON

For a property listed at $540,000 in Strathroy-Caradoc, the legal minimum down payment is $29,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $7,275 for this transaction. As this listing is in Strathroy-Caradoc (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $7,275.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for SW, Strathroy-Caradoc.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$574,884

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.